Nevada boosted by revenue increase in September

30 October 2015

The Nevada Gaming Commission has been given a timely boost after revealing that the US state’s gambling market experienced a year-on-year revenue hike in September, ending a three-month decline.

Revenue in September amounted to $916.3 million (€833.6 million), up 1.5% on the amount generated in the corresponding period last year.

Baccarat, one of the biggest sources of revenue in Nevada’s gambling market, returned to normal levels in September, with revenue totalling $100.7 million, up 23.2% on the previous year.

Elsewhere, blackjack revenue was up 17.5% to $90.3 million while craps also experienced year-on-year growth of 37.5% in the month.

The news comes following three straight months of revenue decline in the state, with the market generating $908.3 million in August.

However, for the 12-month period through to the end of September this year, revenue in Nevada is down by 0.91% compared to the corresponding period in the previous year.

Meanwhile, the Nevada Gaming Commission has appointed former US District Judge Phillip Pro to its board.

Pro, who was appointed to the federal bench by President Ronald Regan in 1987 and retired in 2012, will fill out the remaining term left by the resignation of Pat Mulroy earlier this month.

As reported by iGaming Business, Mulroy left the regulator in order to take up a new role on the board of directors for Wynn Resorts.

Pro will join the five-member Gaming Commission and serve until April 2019.

Nevada State Governor Brian Sandova, himself a former judge, said: “Judge Pro is a well-respected member of our community with a legal career that has spanned decades of growth in Nevada.

“I know he will serve with integrity and we are fortunate that he has accepted this new position.”
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